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    OFF-MARKET
    Land

    114 Hammond Ave, Cascade Locks, OR 97014

    0.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.85-acre lot in Cascade Locks, Oregon, presents a compelling redevelopment opportunity. Located at 114 NE Hammond Ave (APN 700795), this fee simple property boasts a Low Density Residential zoning (LDR) permitting 7,500 square feet per unit. The land is relatively flat, making development straightforward. Currently zoned to potentially allow for the construction of one single-family residence and one duplex, offering a total of three potential dwelling units. This translates to a strong potential return on investment, fueled by the high local demand for housing in this desirable area. Utilities—water, sewer, and electric—are readily available on-site. The property previously contained a mobile home, which has since been removed. Access is convenient via Hammond Ave. Beyond its residential potential, this location offers unparalleled access to a wealth of recreational activities, including hiking, windsurfing, and world-class fishing. The property consists of two lots (Tax IDs 5804 and 5805). This is a rare chance to acquire a versatile property in a stunning recreational setting with significant development upside. Don't miss this chance to capitalize on the thriving Cascade Locks market.

    Property profile
    Verified
    Property type Land
    Lot 0.85 ac (37,026 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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